Summary
- Asking price:
- £64,500
- Sales revenue:
- £260,000
- Cash flow:
- Available on request
- Employees:
- The business is at present operated by 2 partners with the assistance of 1 part time staff. 2 morning newsrounds. Delivery charge 50p/£2 p.w.
Business description
Paved forecourt area to ATTRACTIVE 'L' SHAPED SALES SHOP with bow window plus 2 additional windows, tiled floor and fully equipped including shelving, 2 glass topped chest deep freezes, 1 open cool display unit, 1 upright single door glass fronted display fridge plus 1 upright double door glass fronted display fridge, counter, electronic cash register, scales, burglar alarm system plus CCTV with 1 camera, monitor plus recording.
Stockroom
Large barn at rear ideal for storage purposes
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having approximately 3 years unexpired at a rental of £4,420 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: Nil payable at present
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Unopposed area residential area, close to train station, KENT
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 25% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £64,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Friday inclusive - 6 a.m. - 5 p.m.
Saturday opening - 6 a.m. - 2 p.m.
Sunday opening - 8 a.m. - 2 p.m.
- Financing available:
- Please call Nationwide Businesses who will be pleased to help you with finance
Contact the seller
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